Thu Jan 29, 2009 2:55pm GMT
LONDON, Jan 29 (Reuters) – Royal Dutch Shell Plc (RDSa.L) said its various pension funds around the world were underfunded by $11.83 billion after market turbulence hit asset values.
However, analysts said that even if the sum was to be reported among Shell’s liabilities, and Shell said the required treatment of the underfunding was not clear, gearing would still be a manageable 23 percent.
(Reporting by Tom Bergin; Editing by David Holmes)
© Thomson Reuters 2009 All rights reserved.
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